NPORT-EX 1 NPORT_6178777345788403.htm iShares MSCI Canada ETF

Schedule of Investments  (unaudited) 

May 31, 2019

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Aerospace & Defense — 0.8%            

Bombardier Inc., Class B(a)

     4,032,285     $ 6,054,840  

CAE Inc.

     516,052       13,158,009  
   

 

 

  
      19,212,849  
Auto Components — 1.1%            

Magna International Inc.

     636,974       27,276,000  
   

 

 

  
Banks — 27.1%            

Bank of Montreal

     1,218,885       88,465,860  

Bank of Nova Scotia (The)

     2,227,935       112,987,073  

Canadian Imperial Bank of Commerce

     830,146       62,934,879  

National Bank of Canada

     648,656       29,129,304  

Royal Bank of Canada

     2,717,230       204,169,113  

Toronto-Dominion Bank (The)

     3,458,373       189,047,832  
   

 

 

  
          686,734,061  
Capital Markets — 3.4%            

Brookfield Asset Management Inc., Class A

     1,587,312       72,796,319  

CI Financial Corp.

     523,999       7,864,443  

IGM Financial Inc.

     165,903       4,501,311  
   

 

 

  
          85,162,073  
Chemicals — 2.5%            

Methanex Corp.

     128,498       5,347,509  

Nutrien Ltd.

     1,189,407       57,996,678  
   

 

 

  
          63,344,187  
Construction & Engineering — 0.6%            

SNC-Lavalin Group Inc.

     334,673       5,963,660  

WSP Global Inc.

     198,177       10,450,506  
   

 

 

  
          16,414,166  
Containers & Packaging — 0.5%            

CCL Industries Inc., Class B, NVS

     284,050       12,936,577  
   

 

 

  
Diversified Financial Services — 0.4%            

Onex Corp.

     165,805       9,454,773  
   

 

 

  
Diversified Telecommunication Services — 1.1%        

BCE Inc.

     292,380       13,162,399  

TELUS Corp.

     373,745       13,800,836  
   

 

 

  
          26,963,235  
Electric Utilities — 1.8%            

Emera Inc.

     111,514       4,292,617  

Fortis Inc./Canada

     799,269       30,181,731  

Hydro One Ltd.(b)

     627,878       10,635,702  
   

 

 

  
          45,110,050  
Equity Real Estate Investment Trusts (REITs) — 0.5%        

H&R Real Estate Investment Trust

     277,462       4,679,439  

RioCan REIT

     306,991       5,922,276  

SmartCentres Real Estate Investment Trust

     131,386       3,174,101  
   

 

 

  
          13,775,816  
Food & Staples Retailing — 4.1%            

Alimentation Couche-Tard Inc., Class B

     817,787       50,177,847  

Empire Co. Ltd., Class A, NVS

     333,722       7,691,972  

George Weston Ltd.

     147,388       11,008,038  

Loblaw Companies Ltd.

     365,465       18,750,390  

Metro Inc.

     462,232       16,866,562  
   

 

 

  
          104,494,809  
Food Products — 0.6%            

Saputo Inc.

     442,262       14,714,805  
   

 

 

  
Security   Shares     Value  
Gas Utilities — 0.3%            

AltaGas Ltd.

     511,782     $ 7,385,803  
   

 

 

  
Hotels, Restaurants & Leisure — 1.3%            

Restaurant Brands International Inc.

     439,134       28,896,635  

Stars Group Inc. (The)(a)(c)

     199,558       3,305,055  
   

 

 

  
          32,201,690  
Insurance — 7.8%            

Fairfax Financial Holdings Ltd.

     53,053       24,330,838  

Great-West Lifeco Inc.

     531,476       12,029,858  

IA Financial Corp Inc.(a)

     206,691       7,754,544  

Intact Financial Corp.

     264,084       22,700,793  

Manulife Financial Corp.

     3,747,732       62,873,409  

Power Corp. of Canada

     572,505       12,064,995  

Power Financial Corp.

     508,085       11,214,777  

Sun Life Financial Inc.

     1,155,908       44,854,600  
   

 

 

  
          197,823,814  
IT Services — 3.2%            

CGI Inc.(a)

     482,742       35,179,926  

Shopify Inc., Class A(a)(c)

     166,111       45,688,819  
   

 

 

  
          80,868,745  
Media — 0.8%            

Quebecor Inc., Class B

     141,636       3,342,103  

Shaw Communications Inc., Class B, NVS

     860,167       17,465,481  
   

 

 

  
          20,807,584  
Metals & Mining — 6.2%            

Agnico Eagle Mines Ltd.

     442,078       19,276,942  

Barrick Gold Corp.

     3,308,490       41,138,928  

First Quantum Minerals Ltd.

     1,315,755       9,576,913  

Franco-Nevada Corp.

     352,816       27,235,652  

Kinross Gold Corp.(a)

     2,409,717       7,878,504  

Kirkland Lake Gold Ltd.

     202,728       7,010,529  

Lundin Mining Corp.

     1,269,871       5,673,512  

Teck Resources Ltd., Class B

     973,567       19,782,444  

Wheaton Precious Metals Corp.

     840,715       18,587,892  
   

 

 

  
          156,161,316  
Multi-Utilities — 0.5%            

Atco Ltd./Canada, Class I, NVS

     147,266       5,064,277  

Canadian Utilities Ltd., Class A, NVS

     247,549       6,976,564  
   

 

 

  
          12,040,841  
Multiline Retail — 1.2%            

Canadian Tire Corp. Ltd., Class A, NVS

     119,682       11,969,085  

Dollarama Inc.

     592,792       18,719,055  
   

 

 

  
          30,688,140  
Oil, Gas & Consumable Fuels — 19.9%            

Cameco Corp.

     758,015       7,647,995  

Canadian Natural Resources Ltd.

     2,302,337       62,177,915  

Cenovus Energy Inc.

     1,995,364       16,353,749  

Enbridge Inc.

     3,620,158       133,248,807  

Encana Corp.

     2,895,542       15,271,259  

Husky Energy Inc.

     678,193       6,366,055  

Imperial Oil Ltd.

     553,365       14,788,873  

Inter Pipeline Ltd.

     726,847       11,075,559  

Keyera Corp.

     393,970       9,488,618  

Pembina Pipeline Corp.

     950,758       33,911,939  

PrairieSky Royalty Ltd.

     413,593       5,457,873  

Suncor Energy Inc.

     3,054,586       94,107,188  

TC Energy Corp.

     1,664,721       81,136,524  

Tourmaline Oil Corp.

     497,308       6,327,167  

Vermilion Energy Inc.

     279,520       5,859,603  
   

 

 

  
      503,219,124  
 

 

1

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Canada ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Paper & Forest Products — 0.2%            

West Fraser Timber Co. Ltd.

     117,010     $ 4,560,439  
   

 

 

  
Pharmaceuticals — 1.2%            

Aurora Cannabis Inc.(a)(c)

     666,098       5,060,157  

Bausch Health Companies Inc.(a)

     597,501       12,401,715  

Canopy Growth Corp.(a)(c)

     258,333       10,410,520  

Cronos Group Inc.(a)(c)

     219,364       3,099,232  
   

 

 

  
          30,971,624  
Professional Services — 1.0%            

Thomson Reuters Corp.

     387,868       24,645,211  
   

 

 

  
Real Estate Management & Development — 0.2%        

First Capital Realty Inc.

     329,063       5,060,448  
   

 

 

  
Road & Rail — 6.9%            

Canadian National Railway Co.

     1,302,567       115,447,576  

Canadian Pacific Railway Ltd.

     272,706       59,761,728  
   

 

 

  
          175,209,304  
Software — 2.4%            

BlackBerry Ltd.(a)

     979,068       7,683,935  

Constellation Software Inc./Canada

     38,220       33,087,624  

Open Text Corp.

     505,034       20,075,839  
   

 

 

  
          60,847,398  
Textiles, Apparel & Luxury Goods — 0.6%        

Gildan Activewear Inc.

     417,402       15,057,841  
   

 

 

  
Wireless Telecommunication Services — 1.4%        

Rogers Communications Inc., Class B, NVS

     686,250       36,096,781  
   

 

 

  

Total Common Stocks — 99.6%
(Cost: $3,002,226,241)

       2,519,239,504  
   

 

 

  
Security   Shares     Value  

Short-Term Investments

    
Money Market Funds — 1.9%            

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    2.53%(d)(e)(f)

     47,751,791     $ 47,770,892  

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    2.33%(d)(e)

     1,138,795       1,138,795  
   

 

 

  
      48,909,687  
   

 

 

  

Total Short-Term Investments — 1.9%
(Cost: $48,901,441)

       48,909,687  
   

 

 

  

Total Investments in Securities — 101.5%
(Cost: $3,051,127,682)

 

     2,568,149,191  

Other Assets, Less Liabilities — (1.5)%

       (38,239,878 ) 
   

 

 

  

Net Assets — 100.0%

     $ 2,529,909,313  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(c) 

All or a portion of this security is on loan.

(d) 

Affiliate of the Fund.

(e) 

Annualized 7-day yield as of period-end.

(f) 

All or a portion of this security was purchased with cash collateral received from loaned securities.

 

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the nine months ended May 31, 2019, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

 

  
Affiliated Issuer    Shares
Held at
08/31/18		      Net Activity      Shares
Held at
05/31/19		      Value at
05/31/19		      Income      Net Realized
Gain (Loss)		      Change in
Unrealized
Appreciation
(Depreciation)		  

 

  

BlackRock Cash Funds: Institutional,
SL Agency Shares

      13,326,671        34,425,120        47,751,791      $ 47,770,892      $ 722,501 (a)     $ (3,312 )     $ 6,842  

BlackRock Cash Funds: Treasury,
SL Agency Shares

      840,722        298,073        1,138,795        1,138,795        27,998        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 48,909,687      $ 750,499      $ (3,312 )     $ 6,842  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Includes securities lending income earned from the reinvestment of cash collateral from loaned securities (excluding collateral investment fees), net of fees and other payments to and from borrowers of securities, and less fees paid to BTC as securities lending agent.

 

Futures Contracts

 

 

  
Description    Number of
Contracts		        Expiration
Date		        Notional
Amount
(000)		   Value/
Unrealized
Appreciation
(Depreciation)		  

 

  
Long Contracts                             

S&P/TSX 60 Index

      68          06/20/19        $  9,668   $ (188,098 ) 
              

 

 

  

 

2

Schedule of Investments  (unaudited) (continued)

May 31, 2019

    iShares® MSCI Canada ETF

 

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at www.iShares.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of May 31, 2019. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

 

 

  
     Level 1        Level 2        Level 3        Total  

 

  

Investments

                  

Assets

                  

Common Stocks

    $ 2,519,239,504        $ —        $             —        $ 2,519,239,504  

Money Market Funds

      48,909,687          —          —          48,909,687  
  

 

 

       

 

 

       

 

 

       

 

 

  
   $ 2,568,149,191        $ —        $ —        $ 2,568,149,191  
  

 

 

       

 

 

       

 

 

       

 

 

  

Derivative financial instruments(a)

                  

Liabilities

                  

Futures Contracts

    $ (188,098 )       $             —        $ —        $ (188,098 ) 
  

 

 

       

 

 

       

 

 

       

 

 

  

 

  (a) 

Shown at the unrealized appreciation (depreciation) on the contracts.

 

 

Portfolio Abbreviations — Equity
NVS    Non-Voting Shares

 

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